China’s digital currency called e-CNY is gradually being allowed to make inroads into the fintech sector of the world’s most populated country. Now that the testing of e-CNY has percolated inside major cities, the governor of China’s central bank has revealed some key aspects that were considered while designing the…
Chinese smartphone maker Xiaomi is winding down its financial services business in India, according to a recent report, citing sources familiar with the matter. The company recently pulled its Mi Pay and Mi Credit apps in India from the local Play Store and its own app store, the report from TechCrunch…
The troubled charity that runs a Chinese police station in Lower Manhattan, allegedly set up to spy on Chinese nationals in the US, held its annual gala dinner last month with Eric Adams as its honored guest — but the mayor did not disclose his participation at the event on…
A $5 million interest-free loan the Biden family received from a Chinese energy conglomerate in 2017 should have been probed by the FBI as part of a possible “pay-to-play” plan, Sen. Chuck Grassley told top law enforcement officials last week. In an Oct. 13 letter to Attorney General Merrick Garland,…
A student who took to social media to share her outrage about a “racist” letter she received was quickly shut down after the truth was revealed. Former University of Queensland student Sierra Chen took to Facebook to express her disgust after a letter sent to her home was addressed to…
China on Saturday criticized the latest US decision to tighten export controls that would make it harder for China to obtain and manufacture advanced computing chips, calling it a violation of international economic and trade rules that will “isolate and backfire” on the US. “Out of the need to maintain its…
The Biden administration on Friday published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with US equipment, vastly expanding its reach in its bid to slow Beijing’s technological and military advances. The rules, some of which go…
For most of China’s 1.4 billion people, regular COVID-19 tests have become a way of life. Siyuan Zhuji is trying to turn them into a work of art. Since March, the 33-year-old multi-disciplinary artist from Jiangsu province has been filming his own nucleic acid tests with a small camera in his…
President Joe Biden will sign orders on Monday to push more government dollars to the U.S. biotechnology industry, aimed at reducing dependence on China for materials to generate clean energy, weave new fabrics and inoculate populations against the COVID-19 pandemic. The executive order allows the federal government to direct funding…
The death toll in this week’s earthquake in western China has jumped to 74 with another 26 people still missing, the government reported Wednesday, as frustration rose with uncompromising COVID-19 lockdown measures that prevented residents from leaving their buildings after the shaking. The 6.8 magnitude quake that struck just after…
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